Kusumgar shares listed on July 15, opening at a 37% premium over their IPO price after an impressive 128.85 times subscription in the primary market.
Kusumgar's IPO was subscribed 128.85 times
Jul 15, 2026
10:54 am
What's the storyKusumgar, a manufacturer of engineered fabrics, has made a strong debut on the Indian stock market.
The company's shares were listed at ₹574 per share on the BSE today, translating to a premium of 36.99% over its initial public offering (IPO) issue price of ₹419 per share.
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Kusumgar shares debuted nearly 37% above their IPO price and extended gains in early trade after a heavily oversubscribed public…
Market participants estimate the Kusumgar IPO's grey market premium at around Rs 162, or nearly 39% above the upper issue price…
Kusumgar's Rs 650-crore IPO sees strong investor demand, with a 38% surge in grey market premium as the subscription nears its…
Kusumgar has set its IPO price band at Rs 398–419 for a Rs 650-crore offer for sale, opening July 8. The issue has a grey market…
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of…
